Comparison between Nido Home Finance NCD June 2024 and Sakthi Finance NCD June 2024.
Nido Home Finance NCD June 2024 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Sakthi Finance NCD June 2024 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.
| Nido Home Finance Ltd. | Sakthi Finance Ltd. | |
|---|---|---|
| Logo |  |  |
| Security Type | Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) | Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) |
| Listing At | BSE | BSE |
| Basis of Allotment | First Come First Serve Basis | First Come First Serve Basis |
| DRHP (Base) | DRHP  | |
| RHP (Base) | RHP | RHP |
| DRHP (Shelf) | ||
| RHP (Shelf) | ||
| NCD Rating | The NCDs proposed to be issued under the Issue have been rated "CRISIL A+/ Watch Negative (Placed on 'Rating Watch with Negative Implications)" for an amount of Rs 5,000 million by CRISIL Ratings Limited. | The NCDs proposed to be issued by the company are rated [ICRA] BBB (Stable) by ICRA Limited (ICRA). |
| Registrar | Kfin Technologies Ltd. | MUFG Intime India Pvt.Ltd. |
| Lead Managers | Nuvama Wealth Management Ltd. Tipsons Consultancy Services Pvt.Ltd. | Bonanza Portfolio Ltd. |
| Debenture Trustees | Beacon Trusteeship Ltd. | Catalyst Trusteeship Ltd. |
| NRI Allowed | No | No |
| Allotment Link |
Comparison between Issue size, Issue price, Face value, Market lot and other details of the NCDs. Nido Home Finance NCD June 2024 issue size is ₹50.00 Cr at an issue price of ₹1,000.00 per NCD. Sakthi Finance NCD June 2024 issue size is ₹75.00 Cr at a issue price of ₹1,000.00 per NCD.
| Nido Home Finance Ltd. | Sakthi Finance Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹50.00 Cr | ₹75.00 Cr |
| Issue Size (Shelf) | ||
| Issue Price | ₹1,000.00 per NCD | ₹1,000.00 per NCD |
| Face Value | ₹1,000.00 per NCD | ₹1,000.00 per NCD |
| Minimum Lot size | 10 NCD | 10 NCD |
| Market Lot | 1 NCD | 1 NCD |
| Credit Rating | CRISIL A+/ Watch Negative | [ICRA] BBB (Stable) by ICRA Limited. |
| Tenor | 24, 36, 60 and 120 months | 24, 36, 60 and 85 months |
| Series | Series I to X | Series I to VII |
| Payment Frequency | Monthly and Annually | Monthly and Cumulative |
Offering period of Nido Home Finance NCD June 2024 and Sakthi Finance NCD June 2024 is mentioned.
| Nido Home Finance Ltd. | Sakthi Finance Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Jun 13, 2024 | Jun 20, 2024 |
| Bid/Offer Closes On | Jun 27, 2024 | Jul 03, 2024 |
In Nido Home Finance NCD June 2024 QIBs portion includes 50,000 shares and 2,00,000 shares offered are offered to retail investors. In Sakthi Finance NCD June 2024 QIBs portion includes 37,500 shares and 3,00,000 shares offered are offered to retail investors.
| Nido Home Finance Ltd. | Sakthi Finance Ltd. | |
|---|---|---|
| Institutional | 50,000 shares | 37,500 shares |
| Non Institutional | 50,000 shares | 1,12,500 shares |
| HNI | 2,00,000 shares | 3,00,000 shares |
| Retail | 2,00,000 shares | 3,00,000 shares |
| Others | ||
| Total | 5,00,000 shares | 7,50,000 shares |
